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Binance Reveals Major Update On Movement (MOVE), What’s Next?

Binance recently revealed that it is listing and enhancing market offerings for Movement (MOVE) on its platform, sparking optimism over the EVM project's future.
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Binance Reveals Major Update On Movement (MOVE), What’s Next?

Highlights

  • Binance expands offerings for Movement (MOVE) igniting market optimism.
  • Further, leading South Korean exchange Upbit expands support for the project.
  • Altogether, the EVM project's future glimmers with optimism amid a bullish Q4 market.

Leading cryptocurrency exchange Binance on Monday garnered significant attention, revealing a vital announcement on the first Move-EVM L2 for Ethereum, Movement (MOVE). Notably, the crypto exchange revealed that it is adding the project to its Crypto Airdrops portal and also listing it, igniting market optimism. As a result, crypto market participants anticipate a bullish effect on the asset’s future movements.

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Binance Lists Movement & Adds It To HODLer Airdrops

According to a recent Binance announcement, the crypto exchange is introducing Movement on its “HODLer Airdrops” platform. Notably, users who subscribed their BNB to Simple Earn Flexible or Locked products from December 2 at 00:00 UTC to December 5 at 23:59 UTC remain poised to receive the distribution. The Airdrops page for the mentioned EVM project will be available later today.

Further, the crypto exchange giant also revealed that it is listing the same asset pegged to BTC, USDT, BNB, and FDUSD. Overall, the expanded offerings by one of the top crypto exchanges have echoed substantial market optimism for the project, enhancing visibility and paving the way for further investor interaction.

Meanwhile, the leading S. Korean crypto exchange, Upbit, also expanded trade offerings for the same EVM project. Notably, Upbit revealed that it is listing the asset on the same date, primarily in KRW, BTC, and USDT pairs. Altogether, the leading crypto exchanges’ enhanced support has garnered significant investor interest in the asset.

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What’s Next For The EVM Project?

In the aftermath of the enhanced support, the native coin MOVE could see significant gains ahead. Intriguingly, in a similar chronicle witnessed recently, THENA price saw a 500% uptick as Binance expanded offerings for the project and listed THE.

Moreover, in an effort to further solidify its leading global ranking, Binance debuted On-Chain Yields to magnetize market participants. CoinGape reported that the initial offering under this endeavor was Babylon BTC Staking, where users can stake their BTC via the platform to earn on-chain rewards from the Babylon Protocol. Overall, the crypto exchange giant continues to mark monumental strides across the crypto realm with its vision to promptly tap into emerging markets, now bolstering the EVM project mentioned above.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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